Financials
Which three do you need to enable in order to perform indirect cash flow statement planning? (Choose three.)
A. Balance Sheet
B. Income Statement
C. Revenue
D. Expense
E. Cash Flow Statement
A. Balance Sheet
B. Income Statement
E. Cash Flow Statement
You want to move financial information from Projects to Financials for account level data. Which describes the action you can take to accomplish this? (Choose the best answer.)
A. On the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.
B. In data maps, push data for the predefined Financial Statement Integration.
C. In Financials, run the Financials Integration business rule to update data from Projects.
D. Rollup project data which pushes data to Financials based on account mappings.
D. Rollup project data which pushes data to Financials based on account mappings.
When loading Salaries into Workforce, which Property should the values be loaded to?
A. OWP_Gross Earnings
When loading Salaries into Workforce, which Property should the values be loaded to?
A. OWP_Gross Earnings
B. OWP_Value
C. OWP_Expense Amount
D. OWP_Salary Basis
C. OWP_Expense Amount
D. OWP_Salary Basis
B. OWP_Value
Which two are use cases for Smart Push? (Choose two.)
A. Allow users to update data in another cube on-demand
B. Allow users to schedule when to synchronize data between cubes
C. Allow the application to determine when it is best to synchronize data
D. Allow users to update data in a reporting cube upon saving data in the planning web form
A. Allow users to update data in another cube on-demand
D. Allow users to update data in a reporting cube upon saving data in the planning web form
In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance. Which describes the steps you can take to set this up? (Choose the best answer.)
A. On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.
B. Set up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.
C. On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.
D. On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.
D. On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
A. When Billed
B. When Paid
C. Monthly, Quarterly, or Semiannually
D. After Completion
B. When Paid
After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.
A. In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
B. Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
C. In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.
D. Change loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
A. In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
Which REST API method would be used to execute a job in Planning? (Choose the best answer.)
A. GET
B. PUT
C. POST
D. EXECUTE
C. POST
A company wants to enable Cash Flow within the Financials framework using a derived method based on Operating, Investing, and Financing activities. Which four options must be enabled to properly configure the Cash Flow Statement this way? (Choose four.)
A. Balance Sheet
B. Income Statement
C. Expense
D. Cash Flow Statement
E. Direct Method
F. Indirect Method
A. Balance Sheet
B. Income Statement
D. Cash Flow Statement
F. Indirect Method
What options are there to set up a Project?
A. Contract
B. Non-contract
C. Indirect
D. Direct
E. Capital
A. Contract
C. Indirect
E. Capital
You want to share detailed benefits data from Workforce with Financials. Which statement describes the steps you must take? Choose the best answer.
A. Enable and configure Financials, and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize then push the data.
B. Enable and configure Financials, and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.
C. Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.
D. Enable and configure Financials, and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.
C. Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.
Which three are general methods for directly pushing data between cubes? (Choose three.)
A. Data Maps
B. Copy Data
C. Import Data
D. Smart Push
E. Data Management
A. Data Maps
D. Smart Push
E. Data Management
If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)
A. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
B. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
C. You input or import your own accounts for each enabled feature.
D. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
E. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
F. You can perform calculations using existing rules, and plan using existing forms and dashboards.
A. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
B. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
C. You input or import your own accounts for each enabled feature.
F. You can perform calculations using existing rules, and plan using existing forms and dashboards.
In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
A. Standard rates
B. Discount rates
C. Working days and hours
D. Project rates
E. Program mappings
F. Plan start year
A. Standard rates
B. Discount rates
C. Working days and hours
After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)
A. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
B. If an existing employee was omitted from the load file, you can add that existing employee in Workforce. Then assign properties and compensation options for that employee.
C. To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.
D. If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.
E. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
A. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
E. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
Which two are benefits of enabling Use Database Suppression in Smart Push? (Choose two.)
A. It helps eliminate the impact on query thresholds and improving wait times.
B. It enables you to apply row suppression at the database level instead of the application level.
C. It automatically merges comments, attachments, and supporting detail when mapping a cube for reporting.
D. It allows you to continue using the application while Smart Push runs in the background.
A. It helps eliminate the impact on query thresholds and improving wait times.
B. It enables you to apply row suppression at the database level instead of the application level.
Which two statements are true about EPM Automate functions? (Choose two.)
A. Deletepov removes data from a reporting application
B. Copy snapshot must use an encrypted password file
C. Resetservice deletes and resets the PBCS instance
D. Downloading a file with only a file name looks to the Inbox folder
B. Copy snapshot must use an encrypted password file
D. Downloading a file with only a file name looks to the Inbox folder